Xiangpiaopiao Food (China) Price on December 25, 2023

603711 Stock   16.38  1.00  6.50%   
Below is the normalized historical share price chart for Xiangpiaopiao Food Co extending back to November 30, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Xiangpiaopiao Food stands at 16.38, as last reported on the 23rd of December, with the highest price reaching 16.59 and the lowest price hitting 15.58 during the day.
200 Day MA
14.2126
50 Day MA
14.5696
Beta
0.05
 
Covid
If you're considering investing in Xiangpiaopiao Stock, it is important to understand the factors that can impact its price. Xiangpiaopiao Food appears to be somewhat reliable, given 3 months investment horizon. Xiangpiaopiao Food shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. By examining Xiangpiaopiao Food's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Xiangpiaopiao Food's Downside Deviation of 3.68, mean deviation of 3.44, and Market Risk Adjusted Performance of 0.8838 to validate if our risk estimates are consistent with your expectations.
  
As of December 23, 2024, Total Stockholder Equity is expected to decline to about 2.1 B. In addition to that, Common Stock is expected to decline to about 356.9 M. Xiangpiaopiao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1701

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Estimated Market Risk

 4.54
  actual daily
40
60% of assets are more volatile

Expected Return

 0.77
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Xiangpiaopiao Food is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Xiangpiaopiao Food by adding it to a well-diversified portfolio.
Price Book
2.0729
Enterprise Value Ebitda
13.1542
Price Sales
1.8288
Shares Float
66.6 M
Wall Street Target Price
14.77

Xiangpiaopiao Food Valuation on December 25, 2023

It is possible to determine the worth of Xiangpiaopiao Food on a given historical date. On December 25, 2023 Xiangpiaopiao was worth 15.78 at the beginning of the trading date compared to the closed value of 15.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiangpiaopiao Food stock. Still, in general, we apply an absolute valuation method to find Xiangpiaopiao Food's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Xiangpiaopiao Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiangpiaopiao Food's related companies.
 Open High Low Close Volume
  13.92    15.07    13.80    15.07    5,906,700  
12/25/2023
  15.78    15.78    14.66    15.11    11,406,850  
  15.18    15.48    14.67    14.92    8,121,597  
Backtest Xiangpiaopiao Food  |  Xiangpiaopiao Food History  |  Xiangpiaopiao Food Valuation   PreviousNext  
Open Value
15.78
15.11
Closing Value
29.40
Upside

Xiangpiaopiao Food Trading Date Momentum on December 25, 2023

On December 26 2023 Xiangpiaopiao Food Co was traded for  14.92  at the closing time. The highest price during the trading period was 15.48  and the lowest recorded bid was listed for  14.67 . The volume for the day was 8.1 M. This history from December 26, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.26% . The trading price change to the current price is 11.12% .

Xiangpiaopiao Food Fundamentals Correlations and Trends

By evaluating Xiangpiaopiao Food's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xiangpiaopiao Food's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xiangpiaopiao financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Xiangpiaopiao Food Stock history

Xiangpiaopiao Food investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Xiangpiaopiao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiangpiaopiao Food will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Xiangpiaopiao Food stock prices may prove useful in developing a viable investing in Xiangpiaopiao Food
Last ReportedProjected for Next Year
Common Stock Shares Outstanding472.4 M454.7 M
Net Income Applicable To Common Shares246 M301.8 M

Xiangpiaopiao Food Quarterly Net Working Capital

1.39 Billion

Xiangpiaopiao Food Stock Technical Analysis

Xiangpiaopiao Food technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Xiangpiaopiao Food technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xiangpiaopiao Food trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Xiangpiaopiao Food Period Price Range

Low
December 23, 2024
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High

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Xiangpiaopiao Food Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Xiangpiaopiao Food December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Xiangpiaopiao Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xiangpiaopiao Food shares will generate the highest return on investment. By undertsting and applying Xiangpiaopiao Food stock market strength indicators, traders can identify Xiangpiaopiao Food Co entry and exit signals to maximize returns

Xiangpiaopiao Food Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Xiangpiaopiao Food's price direction in advance. Along with the technical and fundamental analysis of Xiangpiaopiao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xiangpiaopiao to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Xiangpiaopiao Stock analysis

When running Xiangpiaopiao Food's price analysis, check to measure Xiangpiaopiao Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xiangpiaopiao Food is operating at the current time. Most of Xiangpiaopiao Food's value examination focuses on studying past and present price action to predict the probability of Xiangpiaopiao Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xiangpiaopiao Food's price. Additionally, you may evaluate how the addition of Xiangpiaopiao Food to your portfolios can decrease your overall portfolio volatility.
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